Minneapolis/St. Paul, Minnesota prices:$630,000 in 1996$1,243,625.81 in 2026

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1996-2026 ($630,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 97.40% higher in 2026 versus 1996 (a $613,625.81 difference in value).

Between 1996 and 2026:Minneapolis/St. Paul experienced an average inflation rate of 2.29% per year. This rate of change indicates significant inflation. In other words, $630,000 in Minneapolis/St. Paul in the year 1996 would cost $1,243,625.81 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1996: Pricing changed by 3.33%, which is above the average yearly change in Minneapolis/St. Paul during the 1996-2026 time period. Compared to inflation for all items in 1996 (2.93%), inflation in Minneapolis/St. Paul was higher.

Price Inflation in Minneapolis-St Paul, Minnesota since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (7.45%), 1988 (5.02%), and 2021 (4.84%).

View price changes for other categories
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Buying power of $630,000.00 since 1996

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $630,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$630,000.003.33%
1997$644,516.132.30%
1998$656,543.781.87%
1999$677,281.113.16%
2000$705,483.874.16%
2001$732,027.653.76%
2002$744,884.791.76%
2003$757,741.941.73%
2004$779,308.762.85%
2005$800,875.582.77%
2006$813,732.721.61%
2007$834,664.982.57%
2008$866,646.083.83%
2009$862,212.44-0.51%
2010$878,134.561.85%
2011$909,700.923.59%
2012$930,935.942.33%
2013$948,985.711.94%
2014$962,265.901.40%
2015$956,268.66-0.62%
2016$971,108.291.55%
2017$992,235.482.18%
2018$1,016,000.462.40%
2019$1,037,305.992.10%
2020$1,049,296.311.16%
2021$1,100,090.324.84%
2022$1,182,060.837.45%
2023$1,214,046.082.71%
2024$1,243,625.812.44%
2025$1,243,625.810.00% **
2026$1,243,625.810.00% **

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Minneapolis-St Paul, Minnesota:

Year1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852299.852299.852

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1996* 1996 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 151.900 in the year 1996 and 299.852 in 2026:

299.852 / 151.900* $630,000 = $1,243,625.81

Therefore, according to U.S. Bureau of Labor Statistics, $630,000 in 1996 has the same "purchasing power" as $1,243,625.81 in 2026 (in the CPI category of Minneapolis-St Paul, Minnesota).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Minneapolis-St Paul, Minnesota in 1984. In addition to Minneapolis/St. Paul, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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